Version 5.0 EXAM CONTENT MANUAL PREVIEW
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1 Version 5.0 EXAM CONTENT MANUAL PREVIEW
2 APICS Certified in Production and Inventory Management Strategic Management of Resources Preview of CPIM Exam Content Manual Version 5.0 Please be aware, this is not the full APICS CPIM Exam Content Manual (ECM). The full version is available for purchase at apics.org/shop. This abbreviated version is provided to give candidates an overview of what is contained on the exams on a very high level. For exam preparation, use of the current APICS CPIM ECM is strongly recommended. Each participant guide includes the section of the APICS CPIM ECM related to the particular module. Also available is APICS CPIM Study Tools. This comprehensive, online component to the APICS CPIM program is an online learning environment designed to help you master the core concepts in each APICS CPIM module. APICS CPIM Study Tools contains presentation slides and assessments to complement your APICS CPIM learning experience. Each APICS CPIM participant guide gives you access to APICS CPIM Study Tools. Purchase the APICS Strategic Management of Resources participant guide at apics.org/shop. No portion of this document may be reproduced under any circumstances. CPIM is a registered trademark of APICS. 1
3 Strategic Management of Resources Exam: CPIM ECM Version 5.0 Preview Abbreviated Exam Content The following table identifies the three main topics of the exam. The relative importance of these topics varies among industries, but the figures show the percentage designated for each section of the exam. Diagnostic part Main topic Percentage of exam I Understanding 25% the Business Environment and Developing Corporate II Developing the 45% Operations III Implementing the Operations 30% Content Outline I. Understanding the Business Environment and Developing Corporate Operations strategy must be integrated with the corporate strategy of the firm, reflecting the external environment, as well as organizational priorities and philosophies. The operations strategy development process must capture and assimilate that information to provide context for alignment with corporate strategy. Corporate strategy development must consider business environmental factors. A. Environmental analysis B. formulation C. Sustainability: Understand the importance and implications of the three parts of sustainability (economic, environmental, and social) to the organization, stakeholders, and supply chain. 2
4 II. Developing the Operations The operations strategy development process must align with the business strategy and reflect the analysis of the business environment. A. Performance Objectives/Goals: Choosing how success is determined. B. Product/Service Design: Matching firm capabilities and processes to market needs and product life cycles. C. Structure and Infrastructure: Making capital (structure) and organizational (infrastructure) choices. D. Coordination : Aligning internal operations and external supply chain partners. E. Measurement: Recognize that measurements must support performance objectives. F. Logistics: Understand forward and reverse supply chain design, which includes logistics, asset ownership, and outsourcing options such as third- and fourth-party logistics (3PL and 4PL). G. Organizational Commitment Process: Understand issues necessary to gain broad management acceptance of the operations strategy recommendation, as demonstrated by a commitment of resources. H. Risk Assessment: Understanding the sources and probabilities of risk, the risk tolerance of the organization, as well as prevention, recovery, and resiliency strategies in developing the operations strategy. III. Implementing the Operations This section addresses the strategic leadership activities, leadership roles, and responsibilities that lead to the successful implementation of the operations strategy: A. Risk Management: Understand the actions required to offset existing and changing risks. B. Change Management: Understand the strategic elements of successful organizational change. C. Infrastructure Systems: Configuring the following systems as implementation of the operations strategy. D. Structural Deployment: Implementing required modifications to existing operational structure(s) consistent with the operations strategy. 3
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